Relocation

Cost of living by state

Weighing a move? Compare any two states side by side — cost of living, taxes, and demographics — and see what a physician, NP, or PA salary is really worth once it's adjusted for local prices. Green means cheaper or better; red means pricier or worse.

Overall cost of living

Mississippi is 11.8% cheaper overall than Minnesota.

What a physician's take-home is really worth

Median pay → estimated after-tax take-home → adjusted for each state's cost of living.

Minnesota

Median pay
$325,680
After tax
$205,584

$208,503worth here

Mississippi

Median pay
$234,660
After tax
$162,889

$187,229worth here

Take-home is an estimate for a single filer taking the standard deduction (federal + FICA + state income tax, wages only) — not tax advice.

MetricMinnesotaMississippi
Cost of living (US avg = 100)
Overall cost of living98.687.0
Housing (rent)91.356.5
Utilities90.878.4
Goods100.596.2
Other services100.296.1
Taxes
Top income tax rate9.85%4.40%
Sales tax (avg)8.13%7.06%
Property tax (effective)0.99%0.58%
About the state
Population5,713,7162,951,438
Median household income$87,556$54,915
Median age38.638.4
Homeownership rate72.40%69.50%
Median home value$305,500$161,400
▼ green = lower cost / better▲ red = higher cost / worse

Sources: U.S. Bureau of Economic Analysis, Regional Price Parities (2024) · U.S. Census Bureau QuickFacts · Tax Foundation. Figures are the latest published; cost-of-living is a price-level index, not tax-adjusted take-home pay.

Browse all state profiles

VitalPost shows sourced, public data for context only — it isn't financial or tax advice. Cost-of-living is a price-level index (US average = 100); taxes shown are statewide/averaged and don't capture local income or the specifics of your situation.

Cost of Living by State — Compare & Relocate — VitalPost